DeepBook 的 DEEP 代币彻底改变了 DeFi 领域的机构流动性基础设施

DeepBook 是 Sui 上的原生流动性层，推出了 DEEP 代币以增强 Web3 流动性基础设施。 DEEP 针对机构和交易者，通过激励和治理功能促进批发流动性。通过实现基于权益的参与、基于交易量的费用和治理，DeepBook 将自己定位为 DeFi 生态系统中流动性的中心枢纽，促进金融产品创新。

DeepBook's DEEP Token: Revolutionizing Institutional Liquidity Infrastructure in DeFi

DeepBook 的 DEEP 代币：彻底改变 DeFi 领域的机构流动性基础设施

Amidst the burgeoning DeFi landscape, Sui's DeepBook emerges as a pivotal player, redefining the network's financial foundation through the introduction of its native token, DEEP. Tailored towards institutions and institutional traders, DeepBook's robust infrastructure and DEEP token synergistically create an unparalleled destination for DeFi applications to source liquidity.

在蓬勃发展的 DeFi 领域，Sui 的 DeepBook 成为关键参与者，通过引入其原生代币 DEEP 重新定义了网络的金融基础。 DeepBook 强大的基础设施和 DEEP 代币专为机构和机构交易者量身定制，协同为 DeFi 应用程序创造了一个无与伦比的流动性来源目的地。

Unveiling the DEEP Token: Empowering Institutions

推出 DEEP 代币：为机构赋能

The DEEP token boasts an array of distinctive features designed to incentivize market makers and empower liquidity providers. To harness these functionalities, users must meet specific DeepBook pool staking requirements. By pledging their DEEP tokens, users not only gain access to exclusive benefits but also participate in the governance of their respective pools.

DEEP 代币拥有一系列独特的功能，旨在激励做市商并增强流动性提供者的能力。为了利用这些功能，用户必须满足特定的 DeepBook 池质押要求。通过质押他们的 DEEP 代币，用户不仅可以获得专属福利，还可以参与各自矿池的治理。

Empowering Professional Traders, Unleashing DeFi Innovation

赋能专业交易者，释放 DeFi 创新

DeepBook's pools seamlessly integrate with professional traders and DeFi protocols, leveraging its fully on-chain central limit order book architecture to facilitate advanced trading capabilities. Users can not only execute market orders but also place limit orders, enabling sophisticated trading strategies. DeepBook provides a practical framework for DeFi, unlocking liquidity and fostering financial product innovation.

DeepBook 的矿池与专业交易者和 DeFi 协议无缝集成，利用其完全链上的中央限价订单簿架构来促进高级交易功能。用户不仅可以执行市价单，还可以下限价单，实现复杂的交易策略。 DeepBook 为 DeFi 提供了一个实用的框架，释放流动性并促进金融产品创新。

DEEP Design: Cultivating Wholesale Liquidity

深度设计：培养批发流动性

The DEEP token's ingenious design fosters collaboration among DeepBook's diverse participants, encouraging them to maintain ample liquidity around the clock. This, in turn, bolsters DeepBook's fundamental liquidity for DeFi protocols, a feature specifically targeted towards institutional users.

DEEP 代币的巧妙设计促进了 DeepBook 多元化参与者之间的协作，鼓励他们全天候保持充足的流动性。这反过来又增强了 DeepBook 的 DeFi 协议的基本流动性，这是一项专门针对机构用户的功能。

Volume-Based Fees: Rewarding Active Participants

基于数量的费用：奖励活跃参与者

While DeepBook welcomes traders of all levels, it imposes tiered fees based on trading activity. This enables institutional traders, DeFi protocols, and other active participants to enjoy lower fees, unlike casual traders who typically pay higher fees and often rely on brokers or DeFi protocols.

虽然 DeepBook 欢迎各个级别的交易者，但它根据交易活动收取分级费用。这使得机构交易者、DeFi 协议和其他活跃参与者能够享受较低的费用，而不像休闲交易者通常支付更高的费用并经常依赖经纪人或 DeFi 协议。

Maker Incentives: Encouraging Liquidity Provision

Maker 激励：鼓励流动性供应

DeepBook further incentivizes liquidity providers, known as makers, with additional DEEP token-denominated rewards, effectively increasing the overall liquidity supplied during specific epochs. This mechanism ensures DeepBook maintains a consistent depth of liquidity, even during periods of low trading activity.

DeepBook 通过额外的 DEEP 代币计价奖励进一步激励流动性提供者（即制造商），有效增加特定时期内供应的整体流动性。这种机制确保 DeepBook 即使在交易活动较低的时期也能保持一致的流动性深度。

Stake-Based Participation: Fostering Engagement

基于权益的参与：促进参与

To qualify for discounted fees and maker incentives, traders must stake a minimum amount of DEEP tokens in the pool both upfront and throughout the epoch. This requirement not only underscores DeepBook's focus on wholesale liquidity but also eliminates the possibility of rewards for inactive stakers.

为了获得折扣费用和制造商激励的资格，交易者必须在前期和整个时期内将最低数量的 DEEP 代币投入池中。这一要求不仅强调了 DeepBook 对批发流动性的关注，而且消除了不活跃的质押者获得奖励的可能性。

Stake-Based Governance: Empowering Pool Stakeholders

基于权益的治理：为权益池利益相关者赋权

Uniquely, each pool's governance is managed by its stakeholders. Pool stakeholders collectively determine fee structures and maker incentives, with governance rights proportional to stake weights. DeepBook's measures prevent governance capture by delimiting the parameters used to define rules. While traders can vote for lower fees, such a vote applies to all fee schedules, precluding the creation of preferential fee structures.

独特的是，每个池的治理均由其利益相关者管理。矿池利益相关者共同决定费用结构和创客激励，治理权利与股权权重成正比。 DeepBook 的措施通过界定用于定义规则的参数来防止治理捕获。虽然交易者可以投票支持较低的费用，但这种投票适用于所有费用表，从而排除了优惠费用结构的创建。

Additionally, stake quantities exceeding specified thresholds result in diminishing governance rights, ensuring that smaller traders retain their voice in the system. This ensures a balanced and inclusive governance model.

此外，股权数量超过指定阈值会导致治理权利减少，从而确保较小的交易者在系统中保留自己的发言权。这确保了平衡和包容的治理模式。

Conclusion: DeepBook's DEEP Token Transforming DeFi Liquidity

结论：DeepBook 的 DEEP 代币改变了 DeFi 流动性

DeepBook's DEEP token is a transformative force in the DeFi landscape, providing institutional liquidity providers with a robust and feature-rich platform. Its volume-based fees, maker incentives, stake-based participation, and governance model foster a collaborative environment, ensuring ample liquidity and empowering professional traders. As DeepBook continues to evolve, the DEEP token will undoubtedly play a pivotal role in shaping the future of DeFi liquidity and financial innovation.

DeepBook 的 DEEP 代币是 DeFi 领域的变革力量，为机构流动性提供商提供强大且功能丰富的平台。其基于交易量的费用、制造商激励、基于股权的参与和治理模式营造了一个协作环境，确保充足的流动性并赋予专业交易者权力。随着 DeepBook 的不断发展，DEEP 代币无疑将在塑造 DeFi 流动性和金融创新的未来方面发挥关键作用。